Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Full Service Office Complex Title is generated by Realmo AI

    108 Olympia Dr, Warner Robins, GA 31093

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Office suites available in a full-service complex near Robins AFB.

    Type:Office
    Added:
    Nov 13, 2018
    Days on Market:
    2758
    Last Refresh:
    May 19 at 9:22 pm

    Property Features for 108 Olympia Dr

    General Information

    Standard status
    Active
    Property subtype
    Office

    Building Details

    Year Built
    1984

    Spaces For Lease

    at 108 Olympia Dr Contact us

    We can help!

    Listing Contact
    Wendy H. Pierce

    Listing agent Wendy H. Pierce License #GA 161835

    Listing office Fickling & Company

    Listing date Nov 13, 2018

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Fickling & Company

    HighLights

    • Located just 3 miles from Robins Air Force Base
    • Ample parking with 32 spaces
    • Access to a common area conference room
    • Full service office complex
    • Located just off Watson Blvd.
    • Established tenant mix including professional services

    Overview

    This full-service office complex offers suites available for rent on the first and second floors, with a minimum lease term of two years. The property provides ample parking with 32 spaces. All suites include access to a common area conference room. Current tenants include Rivers CPA, Ennis Legal The Auto Accident Firm, Primerica, PrimeLife, K&K Healthcare Systems, Heart Defense LLC, RAMP, and Breaking Chains Counseling, among others. The property is located just off Watson Blvd, approximately 3 miles from Robins Air Force Base. Nearby businesses include Knox Pest Control and El Bronco Mexican Restaurant, as well as various retail establishments and restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Print It Promote ... Marketing & Advertising Middle Georgia Sleep ... Medical Clinic Moore Law Firm: ... Law Firm Henson Psychotherapy Psychotherapist Ennis Legal Law Firm

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Warner Robins
    County
    Houston
    State
    Georgia
    Longitude
    -83.6516458
    Latitude
    32.6194605

    Nearby Similar for Lease

    • $450/Mo
      100 SF

      Professional Office Suites Available

      Office suites available in a three-story professional building.
      101 Booth Rd, Warner Robins, GA
      View Details
    • $14 SF/Yr
      706 SF

      Office Suite with Private Offices

      706 SF office suite featuring private offices and conference room.
      104 Whiting Way, Warner Robins, GA
      View Details
    • $18 SF/Yr
      5,940 SF

      Medical Office Space Available

      17,820 SF three-story medical office building with ample parking.
      1707 Watson Blvd, Warner Robins, GA
      View Details
    • $15 SF/Yr
      820 SF

      Office Suites for Lease

      Office suites available for lease with ample parking.
      2517 Moody Rd, Warner Robins, GA
      View Details
    • $16 SF/Yr
      1,400 SF

      Professional Office Space Available

      Office suite for lease in a convenient Warner Robins location.
      470 S Houston Lake Rd, Warner Robins, GA 31088
      View Details
    • $11 SF/Yr
      3,750 SF

      Versatile Flex Suites in Centerville

      Adaptable flex suites with office, warehouse, and expansion potential.
      949 Carl Vinson Pkwy, Warner Robins, GA
      View Details
    • Contact for pricing
      4,042 SF

      Former Restaurant in International Square

      4,042 SF former quick service restaurant with drive-thru.
      1867 Watson Boulevard, Warner Robins, GA, 31093
      View Details
    • Contact for pricing
      15,000 SF

      Premier Retail Space in Warner Robins

      High-traffic retail space in a dynamic mixed-use development.
      1841 Russell Parkway, Warner Robins, GA 31088
      View Details
    • $17 SF/Yr
      2,100 SF

      Office Space with Private Offices

      Office space featuring private offices, conference room, and reception area.
      404 Corder Rd, Warner Robins, GA
      View Details
    • $16 SF/Yr
      10,201 SF

      Prime Commercial Property on Houston Lake

      Versatile 10,201 SF commercial space on a high-traffic road.
      924 S Houston Lake Rd, Warner Robins, GA
      View Details
    • $14 SF/Yr
      2,000 SF

      Medical Office Space Available

      2,000 SF medical office space for lease.
      150 Osigian Blvd, Warner Robins, GA
      View Details
    • $6 SF/Yr
      5,000 SF

      Retail Space on Watson Boulevard

      Retail space in high-traffic area near Houston Medical Center.
      1815 Watson Blvd, Warner Robins, GA
      View Details

    FAQs

    What type of property is this?
    Office building - Office suites available in a full-service complex near Robins AFB.
    Where is this office building located?
    The property is located at 108 Olympia Dr Warner Robins, GA.
    What are key features of this property?
    This property features: Located just 3 miles from Robins Air Force Base; Ample parking with **32 spaces**; Access to a common area conference room
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Wendy H. Pierce
    Real Estate License ID: GA 161835
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    108 Olympia Dr, Warner Robins, GA 31093
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!